In a recent article in Accounting Today, Michael Cohn presents the standout states for the highest rate of business fraud.
Questions:
- Which state is the highest?
- Which state is the lowest?
- Which state were you most surprised about and why?
- Which state had the highest single amount per fraud?
- What was the difference in how SEON calculated business fraud hotspot rate with most fraud per person in the state?
- Which of the 3 measures used by SEON do you think makes the most sense and why?
Source:
Cohn, M. (2021). Which states are the worst for fraud? Accounting Today, Dec. 28 (Retrievable online at https://www.accountingtoday.com/news/some-states-found-to-have-highest-fraud-rates?
Varga, G. (2021). UK and US Business Fraud Hotspots in 2021. SEON, Dec. 13 (Retrievable online at https://seon.io/resources/business-fraud-hotspots/)